Final Reminder Regarding Magellan Health's Investor Day in New York City

AVON, Conn.--(BUSINESS WIRE)--

Magellan Health, Inc. MGLN issued a final reminder today regarding its previously announced Investor Day. The event will be held on Tuesday, June 17, 2014 in New York City. The meeting will be webcast live, and will begin at 8:30 a.m. Eastern and end at approximately 2:30 p.m. Eastern. The meeting will feature presentations by Magellan's executive management team highlighting the company's business strategy to deliver long-term growth and enhance shareholder value, including specifics related to its various businesses.

Institutional investors and analysts who have not already registered and are interested in attending in person are asked to respond to InvestorDay@magellanhealth.com.

Individuals who wish to participate via webcast are encouraged to register prior to the event. In addition to the webcast, a listen-only audio option will be available on the day of the event. Details of both the webcast and audio option may be found below.

Attendees, including those participating via webcast and listen-only audio mode, are encouraged to submit questions in advance of the event. Questions may be submitted to InvestorDay@magellanhealth.com.

Approximately one hour following the conclusion of the live webcast, a replay of the audio webcast and presentation materials will be available on the company's website for 30 days.

Those who plan to access the webcast or recording are encouraged to read Magellan's Annual Report on Form 10-K for the year ended December 31, 2013, filed with the Securities and Exchange Commission on March 3, 2014, and subsequent Quarterly Reports on Form 10-Q filed with the SEC during 2014, for material information regarding Magellan's operational and financial results, including the section titled "Risk Factors."

Magellan Health 2014 Investor Day Participation Options

Webcast: Please visit Magellan's Investor Day registration site to register in advance, as well as participate in the webcast on June 17.

Listen-Only Audio: Please call (888) 850-4523 and use pass code 655369 approximately 15 minutes prior to the event.

About Magellan Health: Headquartered in Avon, Conn., Magellan Health, Inc. is a healthcare management company that focuses on fast-growing, complex and high-cost areas of healthcare, with an emphasis on special population management. Magellan delivers innovative solutions to improve quality outcomes and optimize the cost of care for those we serve. Magellan's customers include health plans, managed care organizations, insurance companies, employers, labor unions, various military and government agencies, third party administrators, and brokers. For more information, visit MagellanHealth.com.

Cautionary Statement

Certain of the statements to be made at the investor day and webcast may constitute forward-looking statements contemplated under the Securities Exchange Act of 1934 and the Securities Act of 1933, as amended, which involve a number of risks and uncertainties. Any such forward-looking statements are based on management's analysis, judgment, belief and expectations as of the date of such statements and are subject to known and unknown uncertainties and risks which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. Any such forward-looking statements are qualified in their entirety by the more complete discussion of risks set forth in the section entitled "Risk Factors" in Magellan's most recent Annual Report on Form 10-K and in subsequent Quarterly Reports on Form 10-Q, filed with the Securities and Exchange Commission. Magellan undertakes no obligation to publicly revise such forward-looking statements to reflect events or circumstances that arise after the date of such statements.